The fourth and final element or need of the Protection Management priority is... Long Term Care Insurance.

Too often people work all of their lives... raising the kids, getting out of debt, saving and investing for retirement... and about the time they get retired... one of them
develops a health issue that requires continual and consistent medical care.

Care that most insurance policies do not cover or only cover on a very limited basis.

The cost of the needed care can quickly consume their entire retirement savings.

Soon they are broke and everything that they worked all of their lives for... is gone.

Unfortunately this sad and depressing scenario happens quite often in today's world.

Adding to the sadness of this situation is that in most cases this could have easily been prevented.

Long Term Care Insurance policies are designed to help prevent such situations.

A Long Term Care Insurance policy is... in reality... an asset protection policy.

Any comprehensive financial freedom plan worth it's salt will not overlook protecting your hard earned assets with a Long Term Care Insurance policy.